On your path to homeownership, you may be unsure when it makes the most financial sense to take the plunge. Monthly mortgage payments can sometimes be more expensive than rent prices, and there are additional costs associated with owning a home. While tha
As interest rates on long-term mortgages continue to rise, buying a home at today’s record-high prices can be a challenge. However, a recent study from Zillow found that there is one thing home buyers can do to save themselves big time when it comes to mo
Here are the weekly rates as of September 23, 2022: 30 Year Fixed Conforming: 6.375% (6.470% APR) 15 Year Fixed Conforming: 5.750% (5.926% APR) 7/6 Jumbo ARM: 6.000% (5.289% APR) 30 Year Fixed Jumbo: 5.875% (6.021% APR) For the rate sheet PDF, click
LTV Defined The loan-to-value ratio is the comparison of the mortgage balance to the market value of the home. It is calculated by dividing your loan amount by the value of the property you currently own or the one you want to buy. For example, you want t
It's no secret that mortgage interest rates have risen this year. Rates have risen almost four percentage points in less than a year. That kind of rate increase can be stressful for home buyers? But what about home sellers? How do increasing rates affect
Here are the weekly rates as of September 16, 2022: 30 Year Fixed Conforming: 5.920% (6.023% APR) 15 Year Fixed Conforming: 5.375% (5.527% APR) 7/6 Jumbo ARM: 5.625% (5.076% APR) 30 Year Fixed Jumbo: 5.750% (5.894% APR) For the rate sheet PDF, click